Written answers
Wednesday, 7 December 2011
Department of Public Expenditure and Reform
Departmental Properties
10:00 pm
Peadar Tóibín (Meath West, Sinn Fein)
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Question 29: To ask the Minister for Public Expenditure and Reform, further to Parliamentary Question No. 74, if he will identify the three properties which have accommodation unallocated; the start and end date of each of the leases; the cost of each lease; if there is any penalty outlined from the cancellation of each lease; and if each lease contains a renegotiation clause. [39156/11]
Brian Hayes (Dublin South West, Fine Gael)
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The Office of Public Works leases 337 office buildings, of which, 3 have accommodation which is presently unallocated. The 3 properties concerned are: (1) Westward Town Centre, Sligo, (2) Phoenix House, Dublin 8 and (3) Irish Life Centre, Block 1, Dublin 1.
| ADDRESS | RENT PER ANNUM | LEASE COMMENCEMENT DATE | UNALLOCATED SINCE |
| Westward Town Centre, Sligo, Co Sligo | €31,000.00 | 13-07-1992 | Unallocated since March 2010 |
| Phoenix House, Conyngham Road, Dublin 8 | €365,000.00 | 08-02-1999 | Unallocated since August 2011 |
| Irish Life Centre, Block 1, Lower Abbey Street, Dublin 1 (5th floor) | €215,000.00 | 01-07-1977 | Unallocated since December 2010 |
The Office of Public Works (OPW) will be surrendering the leases on Westward Town Centre and the Irish Life Centre in 2012. As these properties are surplus to requirements, it was not considered appropriate to incur the cost of refurbishment and moving other clients into these spaces.
OPW will be allocating space in Phoenix House in early 2012.
The cost of rent involved in these three leases represents of the order of 0.006% of the rent associated with office buildings leased by the Office of Public Works.
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